Kübler-Ross and Chinese Domains
Shock - Chinese domain names net US$160,000 in an auction [cnn.com]. The event was organized by Roger Wang ~ whose umpc.com.cn was sold for US$49,000.
Denial - Looks like China will be the next frontier for Cybersquatters [wikipedia.com].
Cybersquatting is the act of buying (or reserving) domain names to be sold later for a big price tag.
Domain names, simply put, are the names of the websites - ex. google.com, cnn.com, paminta.com are domain names.
Damn, I hate cybersquatting.
Anger - Reasons why I think cybersquatting isn’t that much of an issue in the Philippines (.ph):
- Filipinos would rather get cheaper .orgs, .bizs, .coms, etc. ($9~Php600) than .phs, .com.phs ($35~Php2000)
- Some SMEs don’t want to be known as Filipino Businesses. Foreign companies can be very picky with the people they work with.
- Web Presence is not really part of the Information System Plan (or specfically, the budget) in most business plans of brick-and-mortar SMEs here. Where there’s a budget, there’s usually not enough.
Bargaining - What I’d do to set up a Country-Code Top Level Domain Business right now at China… Hmm… Imagine…
1. Register Terms, Phrases and every Chinese word you can think of under .cn (Cybersquatting + Domain Kiting [wikipedia.com])
2. ???
3. Profit!!!
Depression - With a native population of over one billion and another billion around the globe wanting to do business with them, I think there’ll be plenty more of such extor~ *cough* deals in China. How I wish I could have a slice of such virtual pie. Just one bite…
Testing - However, reservation of .cn domains require physical presence or representation in China. Moreover, there is a need for background information on the culture and the psychological nature of people living there. These will be instrumental in matching the right domain names to the economic opportunities that the Interweb brings.
Both of which I do not have the luxury of.
Acceptance - Different Opportunities for Different People. Let me now go back to advertising my profession as an ICT Mercenary.
If you’re in need of a consultant, analyst or instructor for your business or information systems, it’s rj dot mendi at gmail dot com
Kübler-Ross [changingminds.org]